BILL NUMBER: SB 1217INTRODUCED BILL TEXT INTRODUCED BY Senator Leno FEBRUARY 20, 2014 An act to amend Section 6217 of the Public Resources Code, relating to state lands. LEGISLATIVE COUNSEL'S DIGEST SB 1217, as introduced, Leno. State lands: land use revenue. Existing law requires the State Lands Commission to deposit in the General Fund all revenue, money, and remittances received by the commission, with the exception of revenue derived from state school lands and other specified sources. Existing law requires that those moneys be made available, upon appropriation, for specified purposes, including refunds, commission expenses, and payments to cities and counties. This bill would require that at least $10,000,000, but no more than $15,000,000, of those moneys be transferred each year into the Coastal Adaptation Fund, which the bill would create in the State Treasury, for use for the preservation and protection of coastal lands, subject to an appropriation for that purpose in the annual Budget Act. Vote: majority. Appropriation: no. Fiscal committee: yes. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 6217 of the Public Resources Code is amended to read: 6217.(a)With the exception of revenue derived from state school lands and from sources described in Sections 6217.6, 6301.5, 6301.6, 6855, and Sections 8551 to 8558, inclusive, and Section 6404 (insofar as the proceeds are from property that has been distributed or escheated to the state in connection with unclaimed estates of deceased persons), the commission shall deposit all revenue, money, and remittances received by the commission under this division, and under Chapter 138 of the Statutes of 1964, First Extraordinary Session, in the General Fund. Out of those funds deposited in the General Fund, sufficient moneys shall be made available each fiscal year for the following purposes:(1)(a) Payment of refunds, authorized by the commission, out of appropriations made for that purpose.(2)(b) Payment of expenditures of the commission as provided in the annual Budget Act.(3)(c) Payments to cities and counties of the amounts specified in Section 6817 for the purposes specified in that section, out of appropriations made for that purpose.(4)(d) Payments to cities and counties of the amounts agreed to pursuant to Section 6875, out of appropriations made for that purpose.(b) This section shall become operative on July 1, 2006.(e) At least ten million dollars ($10,000,000), but no more than fifteen million dollars ($15,000,000) of those funds deposited in the General Fund shall be transferred each fiscal year into the Coastal Adaptation Fund, which is hereby created in the State Treasury, for use for the preservation and protection of coastal lands, if an appropriation for that purpose is included in the annual Budget Act.